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to the midterm elections. did in the second congressional district of virginia is in the far southeast corner of the state. it takes in virginia beach, the largest city in virginia, and parts of norfolk and hampton and an area known as the eastern shore, primarily farmer -- farming and tourism. it has some manufacturing but the dominant industries of the united states navy and tourism. the oceanfront is a very vibrant tourism industry. that is a source of income. the u.s. navy and related enterprises is its largest business, i would say. probably for this reason, this particularly congressional race is of high race -- high interest to republicans and democrats. republicans tried to keep him in office and they were not successful. since his election, he has been subject to a steady stream of blogs, e-mails, reaching out to the public and the blasting almost everything that he does. because he is a freshman, legislative expert will tell you the best time to unseat an incumbent is during the first term. they have not establish themselves in. they see him as vulnerable. the republicans want to ta
at the university of virginia that i got to know very well, because we selected him as chief of staff of the joint committee on taxation said, "did the treasury department have the authority to do this? i think almost every tax expert would agree that the answer is no. they basically repealed a 22- year-old law that congress passed as a backdoor way of providing aid to banks." what happened once congress discovered what had been done by the irs? they immediately slammed the door on this provision, although i believe two other banking institutions got through before the door was closed. i guess what just amazes me is looking at this tieme period, late september, early october, there was a focus on the fdic making sure they were hauled freight and the federal reserve making sure they were home free -- the ends justifying the means was quite all right for wells fargo and for the assumption by wells fargo of wachovia, because it made it government-assistance free. but it wasn't. it cost the taxpayers to utilize this. i guess what is so amazing to me when you begin to examine the options open to you th
Search Results 0 to 1 of about 2

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